DIDIC posts RO 17.4m half-year profit in first results since OIFC merger Business

DIDIC posts RO 17.4m half-year profit in first results since OIFC merger

  • August 10, 2026
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MUSCAT: Dhofar International Development and Investment Company SAOG (DIDIC) reported a net profit after tax of RO 17.404 million for the six months ended June 30, 2026, in its first full half-year since completing its merger with Oman Investment and Finance Company SAOG (OIFC). Total comprehensive income attributable to shareholders reached RO 24.097 million, against […]

Toyota to post its 5th straight profit drop Business

Toyota to post its 5th straight profit drop

Toyota is forecast to post a fifth straight quarterly operating profit decline this week, hit by weaker vehicle sales and rising costs, as investors gauge the impact of last week’s earthquake in southern Japan. The world’s biggest automaker is expected to report 1.11 trillion yen ($7.04 billion) in profit for the ⁠April-June quarter on Tuesday, […]

Bank Muscat posts RO 255.54 million net profit for 2025 Finance

Bank Muscat posts RO 255.54 million net profit for 2025

MUSCAT: Bank Muscat, the flagship financial institution in the Sultanate of Oman, announced its preliminary unaudited results for the year ended December 31, 2025. The Bank posted a net profit of RO 255.54 million for the period compared to RO 225.58 million reported during the same period in 2024, an increase of 13.3 per cent. […]